TOMAS enables calculation of any type of insurance policies, without additional programming.
Also, any changes in the way policies are to be calculated could be implemented without changes in programs, the very same day when decision to change has been made.
To illustrate this, an example for
calculation of car insurance policies is shown below. In the similar way
any other type of insurance could be calculated.
Car insurance policy calculation
riz risc coefficient
pok coefficient for coverage
bm bonus/malus coefficient
d1 additional coefficient in case of taxi or rent-a-car
d2 additional coefficient in case more than 5 persons are transported
pt coefficient if owner is a handicapped person
kat coefficient for vehicles with catalizator.
P = 58021,43 x pg x (1+riz) x (1+pok) x (1+bm)
and total amount of insurance:
UOS = P x (1+d1) x (1+d2) x (1+pt)x (1+kat) x (1+p/100)
All elements of calculation remain in the database and could be used for various reports.